Malaysians have the privilege of owning a car at a relatively affordable price, partly thanks to Malaysian automotive brands, Proton and Perodua. We are one of the few countries in SouthEast Asia to produce our own national cars.
As most of the development of the vehicles are based locally including procurement of materials and employment of workers, the costs of making the cars can be kept to a minimum. This,means the cars can be competitively pricedas well.
While public transportation is convenient around city centres, cars are still many Malaysians’ favourite way of getting around. There are close to 17.7 million registered cars on the roads nationwide (as of Dec 2021). A study also found that Malaysia recorded an average of two cars per household in 2017.
If you’re looking to buy a car whether as a new driver or as a supplementary vehicle for your household, here are the 5 cheapest cars that you can consider in Malaysia in 2024.
#1 Perodua Axia 1.0L E Manual – RM22,000
The Perodua Axia models have always been popular among Malaysians because they usually come with pocket-friendly pricings. When the new Perodua Axia E was launched in 2023 at RM22,000, it created quite a buzz as it came with an even more economical price compared to its already affordable predecessors, the Perodua Axia 1.0L X and Axia 1.0L G which retailed at RM40,000 and RM38,600 respectively. This makes it one of the cheapest cars you can get in the country.
The affordability and compact size of the Perodua Axia E makes it a suitable addition for running errands, making school trips or if you’re a student driving around your campus. The car offers a 1KR-VE VVT-i engine with 91 nm of maximum torque. Plus, the compact car has pretty good fuel efficiency of 22.5km/l when it’s in ECE mode, helping you save on fuel and is equipped with a fuel tank capacity of 33 litres. The Perodua Axia E also offers a luggage capacity of 260 kg and 2 front safety airbags.
Beginner drivers,may find comfort in choosing the Perodua Axia Eas your first car because it is usually the car model that driving schools use – so you may already be familiar with the car’s handling.
#2 Perodua Bezza 1.0 Standard G Manual – RM34,580 
If you prefer a car with a little bit more passenger space, consider the Perodua Bezza 1.0 Standard G Manual. With a 1KR-VE VVT-i engine and with 91 nm of maximum torque, this base Bezza model has a decent fuel consumption of 22.8 km/l with eco driving. It has a luggage capacity of 508 kg.
Aside from more room, it’s equipped with features like dual SRS airbags for driver and passenger, anti-lock braking system (ABS), multi-info display, audio system with USB and bluetooth connectivity, as well as 2 front speakers which you can blast on those road trips.
#3 Proton Saga 1.3L Standard MT – RM34,800
The Proton Saga sedan will always have a special place in many Malaysians’ hearts. After all, it is the first locally manufactured car model in Malaysia, forging the country’s first step into the challenging automotive industry. Fun fact: the first Saga model was priced at RM18,000 in 1985.
At a relatively affordable sticker price of RM34,800 , the five-speed manual transmission Proton Saga 1.3L Standard MT features a 4-cylinder VVT engine with 120 nm of maximum torque.
Fuel capacity is listed as 40 litres and the sedan comes with features such as Bluetooth connectivity, 2 front SRS airbags, ABS, brake assist, keyless remote, and LCD segmented multi-info display.
#4 Proton Iriz 1.3L Standard CVT – RM42,800
Proton Iriz is the only hatchback car from the brand and was launched to cater to the demands of drivers who want a sporty, modern-looking vehicle. Its compact size also allows drivers to manoeuvre city roads easily while still offering decent legroom for passengers .
The Proton Iriz 1.3L Standard CVT has a 4-cylinder VVT engine with 120 nm of maximum torque. A higher-tier model,, the Proton Iriz 1.3L comes with an upgraded set of safety features including Electronic Stability Control (ESC) that is vital in helping drivers maintain control of their vehicle in emergency situations. Other notable features include 4 front and side SRS airbags, traction control system, and hill hold assist.
#5 Perodua Myvi 1.3L G (Without PSDA) – RM46,500
Since its launch in 2005, the Perodua Myvi hatchback sparked a huge interest in the novel design – making it one of the most popular cars in Malaysia Perhaps this was down to filling a gap in the market at the time as something in between a sedan and compact car that is easy to drive and still has enough space in the back for comfort.
At RM46,500, the Perodua Myvi 1.3L G comes equipped with a D-CVT transmission and Dual VVT-i engine with 121 nm of maximum torque. Perodua Myvi 1.3L G owners will get features such as LED headlamps, Vehicle Stability Control (VSC), Hill Start Assist, smart entry, eco idle stop system, auto-lock and unlocking door, and four front as well as side airbags.
Read Also: Cheapest Cars That You Can Buy In Singapore
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